PSU Petrol pump dealership – What is the eligibility and how to apply?

PSU Petrol pump dealership – What is the eligibility and how to apply?

IOC, BPCL and HPCL have jointly invited bids for opening over 55,000 petrol and diesel outlets in India. After a long time, Govt of India has given permission for these state owned oil marketers to go for such huge expansion. Since this is massive expansion, many individuals / unemployed would benefit from this. What are the features of Petrol Pump Dealership being offered now? What is the eligibility criterion for individuals /proprietorship / partnership? How to apply for a PSU Petrol pump dealership? When your petrol pump dealership application would get rejected? This post is based on request by on Suggest a topic.

Keeping in mind the escalating need for energy resources in our country, the Public Sector Units of oil marketing – Indian Oil Company (IOC), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) have jointly invited bids for opening 55,649 petrol and diesel outlets in India. The 60% of the outlets will be run on the dealer-owned-dealer-operated model. Previously, these PSUs mainly owned the outlets with the dealer entitled to only operational rights.

Features of Petrol pump dealership

The following are the features of the petrol pump dealership:

1) For the dealer-owned-dealer-operated model, computerized draw of the application will be done by an independent agency in order to ensure transparency.

2) The company-owned-dealer operated outlet rights will be given through a bidding process.

3) Two categories of location have been set for the purpose- regular retail outlets which include highways, urban and semi-urban areas within municipal limits and rural retail outlets which are outside the municipal limits.

4) The location of the retail outlets will be identified by the company and you will be able to bid for the location as mentioned in the notifications.

5) There is an additional non-refundable bidding amount ranging between Rs. 5 lakh to Rs. 30 lakhs which is applicable based on the type of dealership and area.

6) There are reservations for SC/ST/OBC, government employees, defense personnel, freedom fighters, outstanding sports person, and physically challenged people in some states.

7) The application fee for the non-reserved category is Rs. 8,000 for a rural outlet and Rs. 10,000 for a regular retail outlet. This amount is non-refundable and can be paid online.

8) The offer began on 24 November, 2018 and closes on 24 December, 2018.

9) There are certain land criteria to be met by the applicant.

What is the eligibility criterion for individuals /proprietorship / partnership?

For individuals: The applicant has to be a resident and citizen of India between the ages of 21 to 60 years. The minimum educational qualification of the applicant is 10th passed from any school or Board.

For sole proprietorship: In case of individual applicants, applying as a sole proprietor, his/her spouse will be made a partner of 50% share unless the spouse is already employed or he/she does not wish to become a partner.

For partnership: In case of partnership, each partner should meet the criteria mentioned in the individual category. However, the land owned by the partners will be treated as owned by the proposed firm as a whole.

What is the eligibility criterion for Non-Individuals?

Non-individual applicants mean Government bodies or agencies, co-operative societies, companies or charitable trusts. The following is the eligibility criteria-

The applicant has to be registered in India.

The date of registration has to be at least 3 years prior to the date of application.

Registered Societies or Companies should have made a net profit for previous 3 consecutive financial years.

The person selected for the dealership shall be paying attention on the day-to-day working of the dealership. He/she is not allowed to take up any other employment. If the selected person is already employed, he/she has to quit his employment.

A non-individual applicant selected for the dealership will have to mange day-to-day working affairs of the dealership under the supervision of their own employees.

10) Dealer will provide fire fighting and safety equipments at retail outlet as per statutory requirements and maintain them in good condition at his own cost. Trained staff should be available for handling and operating the same.

Who need to take statutory approvals for petrol pump dealership?

The selected dealer will take all the statutory approvals and licenses required for the operation of dealership.

What is the license fee payable under petrol pump dealership?

The license fee would be payable on per KL basis by the dealer as applicable from time to time.

In case of corporation owned “A”/ “CC” site-

Petrol- Rs. 472.77/Kl

Diesel- Rs. 393.97/Kl

In case of dealer owned “B”/ “DC” site-

Petrol- Rs. 233.45/Kl

Diesel- Rs. 194.54/Kl

When your petrol pump dealership application would get rejected?

While fulfilling the above criteria, if the applicant does not satisfy any of the following requirements, he/she will be considered as ineligible for applying for the dealership-

1) The applicant or any of his “family unit” should not hold any dealer ship of same oil company.

2) He/she should not have been convicted for any criminal offence involving moral turpitude or economic offence.

3) He/she should not have been a signatory to a dealership terminated on account of malpractices.

4) He/ she should not be mentally unsound or totally paralyzed.

5) In case of partnership, the conditions spelt above would be applicable to all the partners individually.

How is the selection done?

Depending upon the type of site of retail outlet, selection will be made through draw of lots or bidding process. This will be indicated against each location in the advertisement. Advertisements will be released in newspapers intimating the selection of RO dealership. All the details regarding name of RO location, district, state, category will be hosted in website http://www.petrolpumpdealerchayan.in/

Brochure for selection of retail outlet dealership can be downloaded from the website. The advertisement will mention the last date by which the application is to be submitted. If he/she fails to submit his/her on-line application on the due date due to any technical reasons, the company shall not be responsible whatsoever.

Once the application is submitted, the status will be communicated through SMS/e-mail or mobile number provided in the form.

The applicant would be intimated if his/her application gets selected. The applicant has to submit required documents and 10% remittance of the security deposit within 10 days of intimation.

I am looking forward of grabbing this opportunity and I have sufficient land as needed. I am unable to understand few of the technical terms, such as DC and CC. Under HPCL it is being given under DC criteria and the other 2 oil companies are providing it under CC. could you please explain the difference between the two. Am I eligible for both?. Also, which one is more beneficial among the two.

Hello Sir, I follow all your article regularly. You are doing a great job. Your article are always on the current topics. I have 2 questions if you can answer it will a great help to me.. Currently I am also looking to grab this opportunity in my home town in Odisha.

1. Currently I don’t hold any land near to NH. I am looking out for one such eligible land. Infact in talk with one land owner to finalize the deal. It will take 2 months to get the land in my name. Can I apply for this newly acquired land in the lottery?
2. I have gone through the brochure but could not find any specifications for land size. Do you know what is minimum land size should be. I am looking for land near my home town which is less then 3 lakhs population.

Your email address will not be published. Required fields are marked *

Comment

Name *

Email *

Website

Notify me of follow-up comments by email.

Notify me of new posts by email.

Search for:

Subscribe to get this tips to your email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 26,391 other subscribers

Email Address

Person Behind this blog

Suresh KP i.e. me, have written 1800+ articles on this Blog. I love doing analysis on various Best Investment Plans like mutual funds, Stocks, IPO’s, NCD Bonds, Insurance products. If you like our blog, you can share some of the good articles on your Facebook or Twitter. This would be the BIGGEST gift which you would be giving to us.